Gremi Media (WAR:GME) 6-1 Month Momentum % : -24.31% (As of May. 16, 2024)

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What is Gremi Media 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-16), Gremi Media's 6-1 Month Momentum % is -24.31%.

The industry rank for Gremi Media's 6-1 Month Momentum % or its related term are showing as below:

WAR:GME's 6-1 Month Momentum % is ranked worse than
83.73% of 1063 companies
in the Media - Diversified industry
Industry Median: 1.24 vs WAR:GME: -24.31

Competitive Comparison of Gremi Media's 6-1 Month Momentum %

For the Publishing subindustry, Gremi Media's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gremi Media's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gremi Media's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gremi Media's 6-1 Month Momentum % falls into.

Gremi Media (WAR:GME) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gremi Media (WAR:GME) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Gremi Media 6-1 Month Momentum % Related Terms

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Gremi Media (WAR:GME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gremi Media SA (WAR:GME) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838

Website

https://www.gremimedia.pl

Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.